AD member sales climb 9 percent
AD reported sales for all AD members across its seven divisions grew by 9% in 2016.
On a same-store basis, AD members grew 3%. By country, U.S. same-store sales were up 2%, AD Canada increased by 5% and AD Mexico grew by 25%. By industry, Electrical was up 1%; PHCP (Plumbing, PVF & HVAC) was up 3%; Industrial was down 4%; Bearings & Power Transmission was flat, and Building Materials was up 16%.
"Despite headwinds in industrial and energy markets and price deflation within certain large product categories, member purchases from AD suppliers grew by 9% and net distributions to AD members grew by 15%," said Bill Weisberg, AD chairman and CEO. "We also had huge advancements in eCommerce, HR and procurement services. For instance, we created over 1 million enhanced, normalized and attributed SKUs and are playing a support role to help our members refine their digital strategy and launch their webstores. Our role is to help our members compete and win, now and in the future.”